Analyst: The Federal Reserve's possible delay in cutting interest rates in 2025 could trigger a bear market

PANews reported on March 9th, according to Cointelegraph, internet economist Timothy Peterson warned that if the Federal Reserve delays interest rate cuts until 2025, it could lead to a broader market downturn and potentially drag Bitcoin back down to $70,000. According to his analytical model, Bitcoin could bottom out at $57,000 in the next bear market but he said this is unlikely because too many investors are "watching Bitcoin like vultures."